Mid-Tier Wallets

Definition ∞ Mid-tier wallets refer to cryptocurrency storage solutions that hold a moderate amount of digital assets, typically more than small retail holdings but less than large institutional or whale addresses. These wallets represent a significant segment of the market, often belonging to active individual traders or smaller investment groups. They bridge the gap between casual users and major market participants.
Context ∞ The activity of mid-tier wallets is frequently analyzed by market observers to gauge broader sentiment and potential market movements, as changes in their holdings can indicate shifting investor confidence. An increase in assets held by these wallets might suggest accumulation during price dips, while reductions could signal profit-taking or risk aversion. Their collective actions can influence market stability and direction.